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Old 03-25-2005, 10:44 AM
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HSLD
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Joined APC: Feb 2005
Position: B777
Posts: 5,853
Default Singapore hiring Captains

We don't have the full pay scales yet, therefore no dedicated page for Singapore - although they are hiring CAPTAINS. A recent email from one of our sources gives an accurate profile for expat. compensation.

There is mention of F/O positions on the SIN web site, although we have no details on expat. hiring for those positions. Our sources tell us that SIN only hires expat. Captains. More details here: SIN flight crew hiring

"...[a recent new hire] only had an Airbus 320 rating, they accepted him on the 777...Normally, 2000 hours of wide body captain was the minimum. They don't hire copilots. Singapore Cargo does but I would not recommend that job to anyone.

SIA contracts are really different. I'll just give the ex-pat version since your readers will fall into that category. These are all in Sing dollars, about 1.6 these days. I am using a 75 hour month which is about right.

777 captain monthly Base Pay: 9300. Plus a variable component 750. Plus 1000 ex-pat bonus. May or may not hold with the new contract. Variable component is a complex formula that has been forced on all Singapore by the gov't. If the company makes money, the 16.5% they withheld, comes all back. One as a monthly component and then a separate annual component. 750x12.

In Flight Allowance: productivity pay 82.50/hr x 75= 6187.50

Meal allowance: average 2000

So total base before allowances: 19237.50

Allowances: housing 3100; education 700/child

Retirement bonus: 50,000 (5 yr. contract)

Annual bonus: 3 months base pay 27900

Company paid loss of license=300,000 (60K/yr)

Free medical. Co-pay after a minimum number of doc visits. Small co-pay for hospitalization, etc. Can purchase inexpensive family insurance and add-on insurance to basic company hospitalization.

Total monthly with two kids: 23728.50. Might be a bit on the high side. Say 22,000/mo which includes all allowances.

Taxes are 18-20%. No withholding. Gov't just sends a bill. For US citizens the first 80,000 is not declared as US income. Also any foreign tax paid can be used to offset the total US tax bill.

So, say 22,000/mo x 12 mos= 264000. Plus the annual variable is 9000. Plus the 3 mos. bonus 27,900.

Annual total= 300,900. Plus the retirement bonus of 50,000 at the end of the contract.

Cost of living: nice 3 bdrm condo 3000/mo. Schools at 1500/mo per kid private school. Food and utilities are cheap, cars are outrageously expensive. Don't need one unless you are a xenophobe. In that case, don't come out here!..."
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